US EditionForeclosure looms over Colonie Center
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Foreclosure looms over Colonie Center
Historic Albany mall grapples with $110M loan default amid changing retail landscape Pacific Retail Capital Partners remains optimistic about restructuring despite legal challenges Colonie Center’s future in focus as tenant closures and redevelopment plans shape its path forward COLONIE — Colonie Center’s lenders have initiated foreclosure proceedings on a $110 million loan that the mall obtained in 2014, signaling continued financial strain on …
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